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Search Results 0 to 20 of about 21 (some duplicates have been removed)
'm jim axelrod. a lot of holiday plans are out the window tonight due to a powerful storm system that stranded travelers on highways and at airports. it's blamed in at least six deaths. in the south, there are reports that 41 tornadoes have touched down since yesterday. one of them sheered off the front of the trinity episcopal church in mobile, alabama. luckily, no one was injured. the same system brought a blizzard to parts of the midwest, forcing the cancellation of more than 1,400 flights. tonight, it's headed to the northeast. winter storm warnings have already been posted. troy kehoe of our cbs station in indianapolis begins our coverage. troy? >> reporter: well, jim, here in bloomington, indiana, we've already seen 11.5 inches of snow so far, and it is still coming down with blizzard conditions here in the midwest. this has been a two-day storm leaving much of the country paralyzed. blinding snow with wind gusts topping 35 miles an hour have created whiteout conditions in the plains in midwest. by midday, a half-foot of snow had already fallen in indianapolis. george cumm
is better than a bad deal. >> okay, gary b, jim mentioned the market, let me play wall street on tv. basically i'm sick of this. i'm going to keep heading south because the uncertainty, the anxiety is killing me. if we had any kind of deal, at least we might see stocks move up a bit. that would be good for our 401(k)'s, wouldn't it? >> that's exactly my perspective, brenda. this was a really rough week on the market and it's all related to, not the-- not the fiscal cliff, it's the psychology of the fiscal cliff, and the sad truth is whether they do deal now or they thoughtfullyo a deal six months from now, really, nothing wl be accomplished. he fact is, public debt is consuming our economy. it's about 73%, regardless of what deal gets done. it will be about 73, 74% ten years from now. we've done nothing and nothing will be done to address social security, which is now officially running deficit, medicare, medicaid costs are growing ast nomically. at least do a dumb deal now and get people over theiscal cliff and kick the can down the road, that's going to happen anyway. >> steve, no
what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate uncertainty what they hate even more is steering abject failure square in the face. those markets are going to open up in four or five hours' time we should see some limited reaction in asia. but perhaps not yet. it's still uncertain what is going to happen here. there's a huge stake. everyone realizes. europe has got its problems. germany starting to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is reall
down the hatches. >> i'm sorry, jim, i'm going to stop the subsidy to pbs. >> i like pbs, i love big bird. >> they brought us binders full of women. >> big bird. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an american family, and we rise or fall together. the task of perfecting our union moving forward. >> tonight, we are celebrating the year in the news, the winners, the losers, the person of the year. and we will hand out the donald trump award. all right, let's start with the most valuable player of 2012, alex wagner. >> in my book, it is david, you saw the beginnings, with dean, and obama. >> krystal? the most valuable player? >> probably to waiter who placed the camera at the mitt romney fundraiser and captured the 47% comments, which i think showed a lot of people their concerns about mitt romney and the fact he really was not there for all of america. that he didn't understand the p
. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo they move. a shutdown would affect 15 ports on the east and gulf coasts, including new york, baltimore, miami and houston. the ports handle nearly 50% of all oceangoing container shipments to the united states. some estimate a shutdown could cost a billion dollars a day in delayed shipments and lost work along the supply chain. independent truck driver jose espinoza hauls shipments in and out of houston's port. >> next week, it means i'm going to be out of business. that's because if i don't work, i don't get pai
captioning sponsored by cbs this is the "cbs evening news." >> good evening. jim axelrod is off tonight. i'm rebecca jarvis. with just two days left, senate leaders are still struggling to put together a last minute bp deal ahead of monday's midnight deadline for the fiscal cliff. failure could kick the country back into a recession. wyatt andrews is on capitol hill. >> reporter: today the halls of the senate were almost empty, as proposals got traded in private and over the phone. senate minority leader much mcconnell tried to sound upbeat. going to get a deal today sir? >> hope. so. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, th
rancher jim chillton makes a disturbing discovery. a drug smuggling camp on his land, with knapsacks, blankets, food and bales of marijuana. >> this is my private land. this is land that i own. and the druggers outrageously use my land at will. >> reporter: advocates concerned about border security have placed motion-sensitive hidden cameras near chillton's land. and what they reveal are wave after wave of mexican drug and immigrant smugglers, sometimes heavily armed, crossing into the u.s., traveling miles inside the country. chillton and his wife sue complain, they live in no man's land, unprotected by their own government. >> it's outrageous. i am a citizen of the united states. >> reporter: for neighboring rancher david beckham, it's even worse. he moved his family off the land, hearing the armed smugglers pa passing through at night. he skofs when the administration claims the border is safer than ever. >> that's a joke. they can believe what they want. they can live in candy land. >> reporter: for miles and miles in southern arizona, this is the international border, the two co
. with weaker than expected retail numbers we will be heading into a recession next year. shibani: jim laventhol says in many ways yes, but it won't be a disaster. welcome to the show. you heard what adam said, that the consumer which accounts for 70% of the gdp, spending, they are pulling back and pulled back this year and during holiday shopping season. how close are we to start getting into this talk of getting into recession again? >> we're pretty close by i appreciate your pudding a qualifier that we don't have to go into a panic. there are a couple reasons for that. if you look at the stock market which is mainly where people place risk bets on growing their assets it is arguably fairly priced, somewhere between 13 times and 14 times this year's earning so not like there's a wild overvaluation that needs to be corrected, nor is this like in 2000 where we had an overinvestment boom from telecom and tech spending more 2007 with the housing boom. you have none of those imbalances. the financial sector is in great shape. even though gdp of the u.s. is flashed the first half of the year which i
of september. the lack of security at the benghazi compound, senator jim frisch that the obama administration fell short in more than one respect and had more than enough time talk about when it began. here's a recent senate foreign relation hearing with twos top state officials. >> i look at those people streaming through the front gate in benghazi. that wouldn't have taken that much to stop that attack, if indeed they would have responded to immediately. again, you are looking at film, and i understand it's a lot more sterile than actually being there on the ground of the time, but when people are coming through the gate armed, it's time to do something about it. nothing was done about it until everyone was in. >> the secretary of state admitted that security warnings in the weeks before the attack did in fact reach secretary of state hillary clinton's office. lawmakers are now waiting to hear from clinton herself, who has backed out of testifying after suffering a concussion. we will take up the effort for accountability in benghazi tonight. we will be talking to senator jon barrasso, a me
on the fiscal cliff, some tea partiers seem ready to compromise on taxes. here's jim acosta. >> reporter: for the tea party, change is brewing on capitol hill. florida republican alan west who rode the tea party wave in congress two years ago only to be swept out in november has already lost its office which is being prepped by painters for its new occupant. >> they say he's an outsider, a reformer. >> reporter: another tea partier, kansas congressman tim huleskamp, was booted from his seat on the budget committee he believes to john boehner wanted to send a message, to get in line for a deal on the fiscal cliff. >> we have determine thursday is some secret scorecard. a scorecard which based on testimony votes -- >> reporter: i think there's house -- >> i think there's potentially i hope not to push a tax increase through the house, and we will see what happens. >> reporter: while the speaker denied he's bringing down the hammer, stating in a letter that "there is no scorecard," -- >> stop spending now! stop spending now! >> reporter: it's clear, tea partiers are not rallying to shut dow
congressman says the chances look slim to none. listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a no vote. so if i had to guess right now, i don't think we're going to be able to reach a deal no matter how small it might be. >> a vote could take place later today, and you can watch coverage right here on cnn. >>> the president will continue to plead his case for a deal today. he's making his first appearance on a sunday talk show in more than three years. he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. st
lawmaker. congressman jim clyburn believes mrs. obama would be a breath of fresh air in d.c. she's honest and straightforward. "she's exactly what we need around here." and recent polling shows mrs. obama beating senator mark kirk of illinois by double digits in a hypothetical match-up. her husband's adviser david axelrod is warning michelle obama fans not to get their hopes up. >> i don't think michelle has any desire to be a politician. she'll find ways to make contributions, i'm sure. but the last thing i think she would do is run for public office. >> of course there are a number of ways for the first lady to make her mark after her husband finishes his second term. as samuel l. jackson tells "newsweek," michelle is superwoman. "what can't she do?" i agree with that. run, michelle, run. tonight in our survey i asked you, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? 97% say political move. 3% say genuine effort. coming up, dr. james peterson joins me to discuss "django unchained." i'll share my thoughts on the movie tha
do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise in a sweater vest, counting down the top campaign stories of the year, number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney stumbled in some of the early contests. he refused to release his tax returns allowing newt gingrich to take south carolina. >> we proved here in south carolina that people of power beats big money. >> reporter: but that big money eventually cleared the field and romney set his sights on the president. >> it's still about the economy and we're not stupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had had locked up the nomination, his former private investment capital was crashed by the super pac and obama campaign. the attack ads put romney on defense for months. the president a
is out of step with its members. joining me now is virginia congressman jim moran. briefly, let me ask you first about the fiscal cliff because i have you here. you and your members will get back to work tomorrow. i'm wondering is there going to be a last ditch effort to avoid this and what do you think is going to happen? >> i think the likelihood is that we go over the cliff, martin. and, of course, that's my primary focus because my congressional district would be the hardest hit if beat go over the fiscal cliff. i've got tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a "no" vote. so if i had to guess right now, i don't think we're going to be able to reach a deal no matter how small it might be. of course, at the very best, all we would do is stumble forward for a couple more months until we hit the debt ceiling and then face another crisis which is really a crisis of confidence in the government. i just can't imag
? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a day over 84. my sense is, he is dog well and getting better, but it will take time, he's just an older guy. drew. >> miguel, thanks. we certainly wish the president all the best in getting better. >> it is 21 minutes after the hour. let's get you up to date on the top stories. congressional leaders on both sides have been summoned by the president to come to the white house today for an 11th hour fiscal cliff showdown. just four days remain to got a deal done or massive tax hikes and spending cuts kick in on tuesday. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security has forced the u.s. state depa
on the floor but people stepping before microphones. here is representative jim moran. >> there are going to be voting sunday night and then probably watching the skins-cowboys fame in the cloakroom. then we'll, then we'll be in session on december 31st as well. gregg: what does he mean, we're going to vote sunday night? >> here's what might happen. both parties meet with the president today at the white house. they all say look, here we are on the precipice here. let's come up with something so we stop these tax hikes from happening on january 1st. let's come together and come up with kind of a stopgap deal. in other words, something short term. this is something congress will typically do when both sides are at an impasse. they find a way to get by for a little while longer. buy themselves more time. if they come up with a deal like that, the house is coming back into session on sunday night. it is highly possible they could vote on something then. the senate could also pass it and signed into law. gregg: right. >> everyone is talking about there is not enough time. this is not true. co
cornyn, horrible recruitment two years in a row and this time they didn't have jim demint to blame. >> don't blame that texan on me. >> okay. take it up with him after the show. erick erickson, roland martin, thank you very much. happy new year, guys. >>> hopes have been crushed and families in the making have been ripped apart. a new law bans americans from adopting russian children. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register you
Search Results 0 to 20 of about 21 (some duplicates have been removed)